{
  "schema": "por-derecho.source-manifest.v1",
  "control_id": "PD-FTI-DEFICIT-CLUB-SEI-SOURCES-20260827-01",
  "control_date": "2026-08-27",
  "state": "LIVE_VERIFIED",
  "retrieval_languages": [
    "de",
    "es",
    "en"
  ],
  "sources": [
    {
      "id": "SRC-FTI-PORTAL-20260415",
      "date": "2026-04-15",
      "language": "de",
      "publisher": "FTI insolvency procedure portal",
      "url": "https://fti-inso.de/info",
      "class": "OFFICIAL_PROCEDURE_PORTAL",
      "status": "VERIFIED_CURRENT_PORTAL_STATE",
      "supports": "FTI Touristik opening date, Bierbach appointment and portal update date; separate debtor/administrator list.",
      "ceiling": "Finite portal review located no final distribution or closure notice; absence from the reviewed portal is not proof that no other official record exists."
    },
    {
      "id": "SRC-MHBK-EQS-20250527",
      "date": "2025-05-27",
      "language": "de",
      "publisher": "Müller-Heydenreich Bierbach & Kollegen / EQS",
      "url": "https://www.eqs-news.com/news/corporate/insolvenzverfahren-fti-touristik-gmbh/6fec299e-a963-4624-b978-f342a5fd11de",
      "class": "ADMINISTRATOR_RELEASE",
      "status": "VERIFIED_ATTRIBUTED_ADMINISTRATOR_REPORT",
      "supports": "Almost EUR 980m filed claims, more than 73,000 creditors, multi-year review/realisations, end-of-procedure payment, very-low expected quota and no current Masseunzulänglichkeit.",
      "ceiling": "No final admitted-claim denominator, net realisations, exact quota or final deficit."
    },
    {
      "id": "SRC-DRSF-20250528",
      "date": "2025-05-28",
      "language": "de",
      "publisher": "Deutscher Reisesicherungsfonds",
      "url": "https://drsf.reise/pressemeldungen/fti-insolvenz-drsf-zieht-vorlaeufige-schlussbilanz/",
      "class": "STATUTORY_FUND_RELEASE",
      "status": "VERIFIED_ATTRIBUTED_DRSF_REPORT",
      "supports": "About 172,000 processed/paid claims, about EUR 245m paid, residual complex cases and access routes through end-2027.",
      "ceiling": "Not proof that every payment used public money or of a federal-backstop draw."
    },
    {
      "id": "SRC-BUNDESTAG-20250205",
      "date": "2025-02-05",
      "language": "de",
      "publisher": "Deutscher Bundestag",
      "url": "https://www.bundestag.de/presse/hib/kurzmeldungen-1043098",
      "class": "PARLIAMENTARY_MATERIAL",
      "status": "VERIFIED_OFFICIAL_REPORTING",
      "supports": "Combined FTI Touristik/BigXtra estimated damage EUR 332.2m, securities EUR 217.4m and fund-asset burden EUR 114.8m.",
      "ceiling": "Combined fund model; not FTI Touristik's insolvency deficit and not a final state-budget loss."
    },
    {
      "id": "SRC-RSG-7",
      "date": "2026-08-27",
      "language": "de",
      "publisher": "Bundesministerium der Justiz / Gesetze im Internet",
      "url": "https://www.gesetze-im-internet.de/rsg/__7.html",
      "class": "OFFICIAL_STATUTE",
      "status": "VERIFIED_LEGAL_FUNDING_MODEL",
      "supports": "Travel-operator fees and fund target-capital framework.",
      "ceiling": "Statutory funding architecture does not establish transaction-level source of any particular reimbursement."
    },
    {
      "id": "SRC-RSG-22",
      "date": "2026-08-27",
      "language": "de",
      "publisher": "Bundesministerium der Justiz / Gesetze im Internet",
      "url": "https://www.gesetze-im-internet.de/rsg/__22.html",
      "class": "OFFICIAL_STATUTE",
      "status": "VERIFIED_TEMPORARY_BACKSTOP_FRAMEWORK",
      "supports": "Temporary federal backstop for fund financing under defined conditions.",
      "ceiling": "Does not prove an actual draw, amount, loss or non-repayment."
    },
    {
      "id": "SRC-BMF-WSF-202410",
      "date": "2024-10-01",
      "language": "de",
      "publisher": "Bundesministerium der Finanzen",
      "url": "https://www.bundesfinanzministerium.de/Monatsberichte/Ausgabe/2024/10/Inhalte/Kapitel-3-Analysen/3-4-zwischenbilanz-wsf.html",
      "class": "OFFICIAL_GOVERNMENT_REPORT",
      "status": "VERIFIED_WSF_CONTEXT",
      "supports": "FTI was among WSF-supported companies entering insolvency; recoveries may arise from securities and insolvency.",
      "ceiling": "Does not fix final FTI recovery or write-off."
    },
    {
      "id": "SRC-HANDELSBLATT-20240604",
      "date": "2024-06-04",
      "language": "de",
      "publisher": "Handelsblatt",
      "url": "https://www.handelsblatt.com/politik/deutschland/fti-insolvenz-regierung-rechnet-mit-510-millionen-euro-schaden/100042545.html",
      "class": "CONTEMPORANEOUS_MEDIA_REPORT",
      "status": "ATTRIBUTED_EARLY_GOVERNMENT_ESTIMATE",
      "supports": "Reported EUR 603m WSF support, EUR 93m repaid and early estimated exposure of about EUR 510m.",
      "ceiling": "Not final net public loss; securities, insolvency recoveries, interest, carrying value and write-off remain open."
    },
    {
      "id": "SRC-CNMC-C1549-20250423",
      "date": "2025-04-23",
      "language": "es",
      "publisher": "Comisión Nacional de los Mercados y la Competencia",
      "url": "https://www.cnmc.es/expedientes/c154925",
      "class": "OFFICIAL_COMPETITION_PROCEEDING",
      "status": "VERIFIED",
      "supports": "C/1549/25, exclusive-control acquisition, Gestora Blue Sea Partner, S.A. as acquirer, Meeting Point Spain, S.L. - Unipersonal as target, first-phase authorisation.",
      "ceiling": "Authorisation is not the signed homologation order or complete closing/allocation record."
    },
    {
      "id": "SRC-HOSTELTUR-20260217",
      "date": "2026-02-17",
      "language": "es",
      "publisher": "Hosteltur",
      "url": "https://www.hosteltur.com/",
      "class": "BUSINESS_MEDIA_REPORT",
      "status": "CORROBORATED_MEDIA_REPORTING",
      "supports": "Reported homologation, acquisition, Canary Islands management and bank/SEPI debt treatment.",
      "ceiling": "No signed plan, order, closing instrument or exact allocation; do not import inconsistent support figures."
    },
    {
      "id": "SRC-ELCONFIDENCIAL-20260217",
      "date": "2026-02-17",
      "language": "es",
      "publisher": "El Confidencial",
      "url": "https://www.elconfidencial.com/",
      "class": "BUSINESS_MEDIA_REPORT",
      "status": "CORROBORATED_MEDIA_REPORTING",
      "supports": "Reported homologation/acquisition and restructuring treatment.",
      "ceiling": "Searchable reporting does not replace signed judicial and closing records."
    },
    {
      "id": "SRC-FTICONSULTING-SPAIN-202602",
      "date": "2026-02-17",
      "language": "es",
      "publisher": "FTI Consulting Spain",
      "url": "https://www.linkedin.com/company/fti-consulting/",
      "class": "PUBLIC_PROFESSIONAL_STATEMENT",
      "status": "CORROBORATED_PROFESSIONAL_REPORTING",
      "supports": "Public adviser statement concerning the Meeting Point restructuring/acquisition and adviser role.",
      "ceiling": "FTI Consulting is distinct from FTI Touristik; professional reporting is not the judicial order or closing set."
    },
    {
      "id": "SRC-PORTOBELLO-BLUESEA-20260114",
      "date": "2026-01-14",
      "language": "es",
      "publisher": "Portobello Capital / BLUESEA Hotels",
      "url": "https://www.portobellocapital.es/",
      "class": "BUYER_SIDE_CORPORATE_STATEMENT",
      "status": "VERIFIED_ATTRIBUTED_BUYER_ACKNOWLEDGMENT",
      "supports": "Buyer-side statement that the Labranda/Meeting Point Hotels transaction had recently closed and included 15 Canary properties.",
      "ceiling": "Does not supply signed closing date, consideration, liabilities or exact assets/contracts."
    },
    {
      "id": "SRC-TRAVELNEWS-20190131",
      "date": "2019-01-31",
      "language": "de",
      "publisher": "Travelnews Switzerland",
      "url": "https://www.travelnews.ch/reiseanbieter/11326-eine-neue-hotelmarke-fuer-fti-club-sei.html",
      "class": "CONTEMPORANEOUS_TRADE_REPORT",
      "status": "ANNOUNCEMENT_AND_ATTRIBUTED_EXECUTIVE_STATEMENT",
      "supports": "Reports Meeting Point Hotels/MP Hotels as an FTI subsidiary presenting Club Sei; attributes launch statements to Roula Jouny as MP Hotels CEO and FTI Group Chief Content Officer, and describes collaboration with Dr Cem Kinay on the concept; names Club Sei Lanzarote among planned 2019/20 resorts.",
      "ceiling": "Does not identify Sun Park, establish Joan Cruz participation, a Club Sei Lanzarote contract, loaded inventory, completed booking, payment, revenue or actual opening."
    },
    {
      "id": "SRC-TRAVELWEEKLY-20190201",
      "date": "2019-02-01",
      "language": "en",
      "publisher": "Travel Weekly",
      "url": "https://travelweekly.co.uk/news/youtravel-parent-creates-club-sei-hotel-brand",
      "class": "CONTEMPORANEOUS_TRADE_REPORT",
      "status": "ANNOUNCED_WHOLESALE_ROUTE",
      "supports": "Meeting Point Hotels/FTI planned Club Sei Lanzarote and UK-agent sales through Youtravel.",
      "ceiling": "No inventory, signed supplier agreement, accepted booking, payment, commission, revenue or opening."
    },
    {
      "id": "SRC-TOURISTIK-AKTUELL-20201027",
      "date": "2020-10-27",
      "language": "de",
      "publisher": "Touristik Aktuell",
      "url": "https://www.touristik-aktuell.de/hotels/fti-verschiebt-einfuehrung-von-club-sei/",
      "class": "CONTEMPORANEOUS_TRADE_REPORT",
      "status": "MANDATORY_CONTRARY_EVIDENCE",
      "supports": "FTI postponed Club Sei implementation because of COVID-19 and supplied no new implementation date.",
      "ceiling": "Does not erase the earlier public offers; prevents an operation/opening inference."
    },
    {
      "id": "SRC-CAM-LAVA-VERDE",
      "date": "2026-08-27",
      "language": "es",
      "publisher": "Construcciones Acosta Matos, S.A.",
      "url": "https://www.acostamatos.com/oficina_tecnica/hotel-lava-verde/",
      "class": "PUBLIC_CORPORATE_ASSERTION",
      "status": "SOURCED_CORPORATE_PRESENTATION",
      "supports": "Hotel Lava Verde, C/ Janubio 3, 279 rooms and CAM owner field.",
      "ceiling": "Not conclusive whole-site historical title, possession, unit authority or operating contract."
    },
    {
      "id": "SRC-COMPANIES-HOUSE-YOUTRAVEL",
      "date": "2026-08-27",
      "language": "en",
      "publisher": "UK Companies House",
      "url": "https://find-and-update.company-information.service.gov.uk/company/05952761",
      "class": "OFFICIAL_COMPANY_REGISTER",
      "status": "VERIFIED_CURRENT_COMPANY_IDENTITY",
      "supports": "YOUTRAVEL.COM LIMITED, company number 05952761.",
      "ceiling": "Does not identify the exact 2019 Club Sei platform or contracting entity."
    },
    {
      "id": "SRC-YOUTRAVEL-CURRENT-TERMS",
      "date": "2026-08-27",
      "language": "en",
      "publisher": "Youtravel",
      "url": "https://www.youtravel.com/",
      "class": "CURRENT_COMMERCIAL_TERMS",
      "status": "CURRENT_ONLY_NO_BACK_PROJECTION",
      "supports": "Current terms identify Meeting Point Youtravel Tourism L.L.C. in the present commercial perimeter.",
      "ceiling": "Must not be back-projected to the 2019 wholesale announcement."
    },
    {
      "id": "SRC-LOCAL-1-2-FLY-20191125",
      "date": "2019-11-25",
      "language": "de",
      "publisher": "1-2-FLY archived capture",
      "path": "assets/evidence/club-sei-1-2-fly-2019.svg",
      "wrapper_sha256": "ac4e4a91d7a541df816599d3449a0fe1a4e18a5e74c2c649d6e1ae9c33dc494b",
      "embedded_sha256": "f0fe58104521cd78665b5bb72d51ab5544f1177b16c527a9af9310d0484f3d62",
      "class": "CONTROLLED_ARCHIVED_RETAIL_CAPTURE",
      "status": "VISUALLY_VERIFIED_PUBLIC_FACING_INTERFACE",
      "ceiling": "No availability, booking, payment, revenue, stay or exact operator identity."
    },
    {
      "id": "SRC-LOCAL-AIDU-20191125",
      "date": "2019-11-25",
      "language": "de",
      "publisher": "Ab-in-den-Urlaub archived capture",
      "path": "assets/evidence/club-sei-ab-in-den-urlaub-2019.svg",
      "wrapper_sha256": "0fd57cf5fdf71cd9845ba9c00c1f5af4d4b01c26bd9a07189c9cab40760107f7",
      "embedded_sha256": "e3adc096623c5b2049352efa7dd2a77bb261b59795ae77bf5b4e4b7e56466207",
      "class": "CONTROLLED_ARCHIVED_RETAIL_CAPTURE",
      "status": "VISUALLY_VERIFIED_PUBLIC_FACING_OFFER",
      "ceiling": "Visible address/price/control only; no inventory, booking, payment, revenue or exact operator identity."
    },
    {
      "id": "SRC-LOCAL-LOVEHOLIDAYS-20200121",
      "date": "2020-01-21",
      "language": "en",
      "publisher": "Loveholidays archived capture",
      "path": "assets/evidence/club-sei-loveholidays-2020.svg",
      "wrapper_sha256": "dd2a1a0a106688125fd67bdd2fff60d5231698f43ce53911dc703fc98dfaa806",
      "embedded_sha256": "0f357de12edb6f6999e4028c0d06094f9b124418d0c3179ed4b6242b6b73ce63",
      "class": "CONTROLLED_ARCHIVED_RETAIL_CAPTURE",
      "status": "VISUALLY_VERIFIED_PUBLIC_FACING_OFFER",
      "ceiling": "No accepted booking, payment, revenue, guest stay, opening or exact 2020 operator identity."
    },
    {
      "id": "SRC-LOCAL-MP-BROCHURE-2019",
      "date": "2019-10-11",
      "language": "en",
      "publisher": "Meeting Point Hotels / Meeting Point International presentation panel",
      "path": "assets/evidence/club-sei-meeting-point-brochure-2019.svg",
      "wrapper_sha256": "efd66285bccc4033fb22425504ee7ebaaa15d1e112d2edb07ba8b2468a77a3b0",
      "embedded_sha256": "29b097bd8c13338f2b01d160126af91db915314a7af3334cc17e3d359cac516e",
      "class": "CONTROLLED_ARCHIVED_CORPORATE_PRESENTATION",
      "status": "VISUALLY_VERIFIED_PRESENTATION_PANEL",
      "ceiling": "No exact contracting entity, title, inventory authority or opening."
    }
  ],
  "source_count": 22,
  "governance": {
    "current_terms_not_back_projected": true,
    "media_not_upgraded_to_signed_closing": true,
    "contrary_evidence_mandatory": true,
    "external_action_authorized": false,
    "publication_authorized": false
  }
}